IPERS Portfolio Market Value and
Investment Returns
As of June 30, 2008
As of June 30, 2008, the IPERS investment portfolio had a market value of $22.4 billion. Below are IPERS’ investment returns for various periods ending June 30, 2008, compared to the System’s official long-term performance objectives.
| |
One
Year |
Three
Years1 |
Five
Years |
Ten
Years |
| IPERS' Return |
-1.33% |
8.43% |
10.14% |
7.09% |
| Policy Benchmark2 |
-3.03% |
7.47% |
9.51% |
6.41% |
| CPI + 3% |
8.01% |
7.00% |
6.56% |
5.99% |
| Actuarial Return Assumption |
7.50% |
7.50% |
7.50% |
7.50% |
Median - TUCS Public
Funds > $1 Billion3 |
-4.36% |
7.57% |
9.82% |
6.00% |
IPERS earned the following time-weighted returns (net of fees) by asset class for the year ended June 30, 2008:
| Private Equity |
20.50% |
| Real Estate |
6.12% |
| Core Plus Fixed Income |
5.19% |
| Cash |
4.56% |
| High Yield Fixed Income |
1.29% |
| International Equity |
-7.57% |
| Domestic Equity |
-15.12% |
1Returns for periods longer than one year are annualized.
2The Policy Benchmark is a passively managed set of market indices, with appropriate weightings, that are reflective of IPERS’ target asset allocation.
3 The median return of the Trust Universe Comparison Service’s universe of public funds with assets greater than $1 billion.
|
